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24934 South Lakewood Drive

24934 South Lakewood Drive, Chandler, AZ 85248
Property in Sun Lakes
Sold Jun 02, 2022
$500,000
$120,000 by Sunbelt Natl Mtg Corp
Mortgage Due Jun 01, 2028
Sold May 06, 1998
$139,385
$120,000 by Sunbelt Natl Mtg Corp
Mortgage Due Jun 01, 2028
Local assessors in Chandler, AZ have categorized 24934 South Lakewood Drive as a residential type of property. The home was built in 1998 and is 26 years old. The property's lot size has been calculated to be 8,795 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 24934 South Lakewood Drive has a total of 1,540 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with concrete block control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of concrete. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on a refrigeration air conditioning system for their cooling system. The home's a heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 24934 South Lakewood Drive sold most recently in May 18, 2022 for a total of $500,000. If you work out the math, that's approximately a cost of $324.68 per sqft. Before that, the property was also sold for $139,385 in Apr 27, 1998. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,116 in taxes each year. 24934 South Lakewood Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $37,550. If we break it down further, the land itself was valued at $7,510. Improvements to the property, however, were assessed at a total of $30,040. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Concrete block
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Concrete
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,795
  • Total Building Area: 1,540
  • Gross Building Area: 1,540
  • Building Area: 1,540
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Refrigeration air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,540
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUN LAKES UNIT THIRTY-TWO A
  • Land Acres: 0.202
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUN LAKES UNIT THIRTY-TWO A MCR 410-25

Ownership

  • Current Owner : WALLIN JAMES
  • Current Owner 2: SU LI
  • Previous Owner : WALLIN ELMER ARVID
  • Previous Owner 2: WAL WILMA
  • Owner Before Previous Owner: OLD REPUBLIC TITLE INSURANCE AGENCY INC
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Chandler Unified District
  • Census Tract: 817300

Zoning

  • Zoning: R-6

Geography

  • Assessors Map Reference: 41025
  • Parcel: 303-50-701
  • Lot: 6
  • Meridian: SEC 30 TWN 2S RNG 5E
  • Municipality: NO CITY/TOWN
  • Latitude: 33.219
  • Longitude: -111.884

    Address

  • Full Address: 24934 S Lakewood Dr
  • Legal Unit: 30-2
  • Address - House Number: 24934
  • Street Direction: S
  • Address - Street Name: Lakewood
  • Address - Suffix Type: Dr
  • State: AZ
  • City Name: Sun Lakes
  • Carrier Code: R030
  • 4-Digit Zip Code: 7445
  • Zip Code: 85248

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,116
  • Tax Rate Code Area: 800001

    Appraisal Valuation

  • Standard Deviation: 0.1353
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 84
  • Final Value: 479,947
  • High Value: 544,900
  • Low Value: 414,993

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $120,000
  • First Open Lien Mortgage Lender: SUNBELT NATL MTG CORP
  • First Open Lien Mortgage Recording Date: May 06, 1998
  • First Open Lien Mortgage Loan Amount: $120,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2028

    Market Valuation

  • Market Total Value: $375,500
  • Market Land Value: $75,100
  • Market Improvement Value: $300,400

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $37,550
  • Assessed Land Value: $7,510
  • Assessed Improvements Value: $30,040

    Sales

  • Current Sale Contract Date: May 18, 2022
  • Current Sale Recording Date: Jun 02, 2022
  • Current Sale Transaction ID: 11889242029
  • Current Sale Price: $500,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 471180
  • Previous Sale Recording Date: May 06, 1998
  • Previous Sale Contract Date: Apr 27, 1998
  • Previous Sale Amount: $139,385
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: SUNBELT NATL MTG CORP
  • Previous Mortgage Transaction Date: May 06, 1998
  • Previous Mortgage Loan Amount: $120,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2028

About Sun Lakes



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Frequently Asked Questions

What neighborhood is 24934 South Lakewood Drive located in?
The 24934 South Lakewood Drive is a located in the neighborhood of Sun Lakes in Sun Lakes, Chandler.
What is the average sales price for listings in 24934 South Lakewood Drive?
The average sales price for units in 24934 South Lakewood Drive is $0 currently.

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